MassiveIndustry

(Wed, 03 Feb 2021) Just past the midpoint of winter (January 22), underground natural gas stocks for the Lower 48 states were at 2,881 billion cubic feet (Bcf), 244 Bcf greater than the five-year average. The natural gas industry considers winter to cover the months from November through March, and mid-January marks the halfway point in the season.

(Mon, 25 Jan 2021) Malaysia is the second-largest oil and natural gas producer in Southeast Asia and is the world’s fifth-largest exporter of liquefied natural gas. It is strategically located amid important routes for seaborne energy trade. Rising domestic and regional energy demand has prompted Malaysia to invest in upstream oil and natural gas projects and in downstream infrastructure such as oil and natural gas import terminals, storage facilities, and refining capacity to ensure adequate energy supply.

(Thu, 14 Jan 2021) The U.S. Energy Information Administration (EIA) forecasts that members of the Organization of the Petroleum Exporting Countries (OPEC) will earn about $323 billion in net oil export revenues in 2020. If realized, this forecast revenue would be the lowest in 18 years. Lower crude oil prices and lower export volumes drive this expected decrease in export revenues.

(Mon, 04 Jan 2021) The U.S. Energy Atlas is EIA’s new web-based mapping tool, which features detailed energy infrastructure and enhanced navigation and data accessibility features. The available map layers, based on EIA data, include locations of power plants, coal mines, oil and natural gas wells, pipelines, storage facilities, natural gas processing plants, refineries, and other types of energy facilities. Some of the most notable new features include new energy infrastructure maps and disruptions maps and an open data catalogue. The U.S.